• Wisconsin’s Taxes Are Sixth Highest

    The Wisconsin Taxpayers Alliance has analyzed state and local taxes and U.S.Census data, and has determined that the state is sixth highest in taxes as a percentage of personal income. If measured per capita, Wisconsin ranks twelfth. And if only […]

  • Sentence Handed Down for Murder That Involved Identity Theft

    A Fargo, North Dakota judged sentenced convicted murderer Dennis Gaede to life in prison without parole yesterday. Gaede was found guilty of killing Timothy Wicks, a Milwaukee-area drummer and house painter. After stealing his identity and moving to North Dakota, […]

  • Women of Influence: Where Are They Now?

    The Business Journal of Milwaukee TRACY COENEN, 2002 Women of Influence Awards Tracy Coenen continues to expand the reach of Sequence Inc. through consulting, writing, and speaking. In addition to running a successful forensic accounting practice, she regularly authors fraud-fighting […]

  • What does fraud really cost companies?`

    [tag]Fraud[/tag] is expensive when you look at the dollars lost under the various schemes perpetrated by employees. An estimated 5% of revenues is lost to [tag]occupational fraud[/tag] each year, which amounts to $652 billion in the U.S. alone. These statistics […]

  • Concerns Arise Over Expert Witness Fees Paid by Milberg Weiss

    Payments from Milberg Weiss Bershad & Schulman to expert witness John Torkelsen are being examined by federal prosecutors. They are trying to determine whether Milberg Weiss improperly used money recovered in lawsuits to pay Torkelsen for work performed in earlier […]

  • Verizon files patent infringement suit against Vonage

    Verizon Communications Inc. has filed a [tag]patent infringement[/tag] [tag]lawsuit[/tag] against Vonage Holdings Corp. The suit is based upon information in technical documents and diagrams, which was filed with the SEC in their pursuit to go public. In the suit, Verizon […]

  • Home Depot finds stock options that weren’t expensed

    An internal examination of the [tag]stock option[/tag] grant practices and procedures at Home Depot has uncovered about $10 million in unrecorded [tag]stock option expense[/tag]. However, the company says the amount is not material, so no prior year financial statements will […]

  • Attorney Sentenced in Bielinski Brothers Fraud Case

    Michael Gral, a former partner in the law firm Michael Best & Friedrich has been sentenced in the Bielinski Brothers fraud and conspiracy case. Gral pleaded guilty to mail fraud for his role in the fraud perpetrated by Bob Brownell, […]

  • Conspiracy of Fools: Clever Nicknames for Enron’s Scams

    John Forney, an Enron energy trader, came up with an idea to skirt the trading rules in California. Enron and Portland General were considered related, so California did not allow them to deal with each other on energy trading transactions. […]

  • Is the IRS picking on small businesses?

    From CFO Magazine: In April, the chairman of the House [tag]Small Business[/tag] Committee accuse the [tag]IRS[/tag] of unfairly going after small businesses with [tag]audits[/tag] and complex rules. In 2005, the number of IRS audits of small companies increased in all […]